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I study bequest and wealth accumulation behavior of the wealthy (subject to the estate tax) shortly before death. The onset of a terminal illness leads to a very significant reduction in the value of estates reported on tax returns - 15 to 20% with illness lasting quot;months to yearsquot; and...
Persistent link: https://www.econbiz.de/10012754092
I study bequest and wealth accumulation behavior of the wealthy (subject to the estate tax) shortly before death. The onset of a terminal illness leads to a very significant reduction in the value of estates reported on tax returns - 15 to 20% with illness lasting "months to years" and about 5...
Persistent link: https://www.econbiz.de/10012465959
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The recent housing market boom in the U.S. has caused sharp increases in residential property taxes. Housing-rich but income-poor elderly homeowners often complain about rising tax burdens, and anecdotal evidence suggests that some move to reduce their tax burden. There has been little...
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To investigate media effects in political campaigns, we administered a field experiment around the first general election presidential debate of 2016. In this three-wave study, subjects were randomly incentivized to watch the debate and post-debate television coverage on Fox News or MSNBC. We...
Persistent link: https://www.econbiz.de/10012961832